News provided by Zebvo: Dubai, the city of skyscrapers in the United Arab Emirates, is a must-see destination for not only tourism but for the people who wish to live in a paradise.
In terms of residences and hotels, it is home to some of the world’s most opulent, expensive, and well-known establishments. Staying at one of the world’s most costly penthouses or hotels is the only way to truly appreciate the city’s splendour.
The 25,000 sq. ft. five-bed penthouse triplex at Atlantis The Royal Resort & Residences on Palm Jumeirah is one such extravagance. It is the epitome of “extravagance at its finest.”
Kerzner designed and built Atlantis The Royal Dubai, which features 231 luxury residences, 693 hotel rooms, and 102 suites on The Palm’s crescent.
Metropolitan Premium Properties, a full-service real estate firm, is marketing the opulent penthouse. It is currently listed for sale at $49 million, with the expectation that the price will triple once the project is completed.
The penthouse, which is widely regarded as Dubai’s most expensive and opulent, features five bedrooms, six bathrooms, an outside terrace with an infinity pool 90 metres above ground, and magnificent views of Palm Island and the Arabian Sea. There’s also a beautiful private lounge, a beach, and access to five-star services.
The penthouse, designed by KPF architects, offers fantastic interior possibilities by Sybille De Margerie, who commissioned artists to create extraordinary materials such as leather, metal and porcelain, glass, and gold leaf.
The demand for ultra-luxury residences among international investors has grown exponentially in recent years, according to Nikita Kuznetsov, partner Metropolitan Group and CEO of Metropolitan Premium Properties.
“We’ve also observed an increase in the number of transactions for villas and townhouses, with a particular interest and demand for waterfront/shoreline properties,” Kuznetsov said.
Metropolitan Premium Properties, one of the UAE’s largest and most trusted real estate companies, reported that 30% of its transactions were from international clients, primarily from the United Kingdom, the CIS, and other parts of Europe, such as France, Austria, and Germany, and that this trend is expected to continue this year.
Two penthouses in the W Residence, Palm Jumeirah, were one of the group’s most notable deals. They were sold to the same buyer for Dhs102 million, together with a Royal Atlantis Garden Villa for Dhs44 million and a property in IL PRIMO Downtown for Dhs42 million to a European buyer.
When someone mentions luxury accommodations in Dubai to guests from all over the world, the first thing that comes to mind is Atlantis, The Palm (if not the Burj Al Arab), with its distinctive Arabian design.
Since its inception in 2008, the city has seen significant transformations, particularly on Palm Jumeirah, which now houses luxury apartments and elegant hotels.